Mitsui O.S.K Lines’s signing a long-term contract for pioneering LNG bunker vessel


Clifford Chance advised Japanese shipowner Mitsui O.S.K Lines (MOL) on the tender process to provide a pioneering Liquefied Natural Gas bunker vessel (LNGBV) on long-term charter contract to Total Marine Fuels Global Solutions.

This is the first LNGBV of this scale globally at 18,600 m³ to be built in China and delivered in 2020.

The vessel will operate in Northern Europe and will be the first ever LNGBV capable of supplying large quantities of LNG in one single bunkering operation.

MOL is a multi-modal transport group with a 130 year history. It operates one of the world’s largest merchant fleets. In addition to LNG bunkering, MOL is expanding into the growing FSRU and gas to power sectors.

In Singapore, partner Kate Sherrard (picture) led on the deal and was supported by associate Sebastian Lea. Clifford Chance Paris, London and Tokyo teams were also involved.

Involved fees earner: Kate Sherrard – Clifford Chance; Sebastian Lea – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Mitsui OSK Lines;